|Bid||0.035 x 0|
|Ask||0.040 x 0|
|Day's Range||0.0350 - 0.0350|
|52 Week Range||0.0200 - 0.0600|
|Beta (3Y Monthly)||-1.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.40|
First Bauxite Corporation (“First Bauxite” or the “Company”) (TSX-V:FBX, FSE/BER:FBI) is pleased to announce that it obtained a final order from the Supreme Court of British Columbia (the “Court”) today approving the Company's going-private transaction via an arrangement (the "Arrangement") under a statutory plan of arrangement pursuant to section 288 of the Business Corporations Act (British Columbia). The Court also dismissed a separate oppression proceeding commenced by a group of minority shareholders who opposed the Arrangement and ordered the petitioners to pay costs of the respondents. All of the conditions precedent set out in its arrangement agreement between the Company and Resource Capital Fund V L.P. and Resource Capital Fund VI L.P. (collectively, the “RCF Funds”) have been satisfied or waived, and the Arrangement has now become effective.
First Bauxite Corporation (“First Bauxite” or the “Company”) is pleased to announce that further to its news releases dated October 29 and November 13, 2018, the Company’s shareholders approved a special resolution (the “Special Resolution”) in respect of the Company’s previously announced going-private transaction by way of a statutory plan of arrangement (the “Arrangement”) at its special meeting of shareholders (the “Meeting”) held on Friday, December 7, 2018 in Toronto, Ontario. There was no other business brought forward at the Meeting.
First Bauxite Corporation (“First Bauxite” or the “Company”) is pleased to announce that William J. Rice will be joining the Company as President and Chief Executive Officer effective December 15, 2018. Bill will be replacing Alan Roughead, who will be retiring from these positions but will remain a director of the Company and continue as a consultant to assist with the transition of leadership. The Company thanks Alan Roughead for his leadership and service.
First Bauxite Corporation (“First Bauxite” or the “Company”) (TSX-V:FBX, FSE/BER:FBI) is pleased to announce that it has filed its unaudited quarterly financial statements and management’s discussion and analysis for the period ended September 30, 2018. Both are available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.firstbauxite.com. Subsequent to the Third Quarter, on October 19, 2018, the Company entered into an arrangement agreement with Resource Capital Fund V L.P. and Resource Capital Fund VI L.P. pursuant to which the Company is to be taken private by way of a statutory plan of arrangement (the “Arrangement”) under section 288 of the Business Corporations Act (British Columbia).
In this article, I’m going to take a look at First Bauxite Corporation’s (TSXV:FBX) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...
When First Bauxite Corporation (TSXV:FBX) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industryRead More...
Today, I will be analyzing First Bauxite Corporation’s (TSXV:FBX) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure of a company has been found to affectRead More...